IDWK International Displayworks

International DisplayWorks, Inc. (IDW) (NASDAQ:IDWK), announced today that the Company has been named as the primary source by a major Taiwan consumer electronics manufacturer on a new MP3 product that was recently launched at the Consumer Electronics Show (CES) in Las Vegas. The MP3 player uses a TFT display from IDW, with volume production expected to begin in April of this year. The customer estimates this relationship will result in a minimum of $5 million in annual purchases from IDW. Tom Lacey, Chairman and Chief Executive Officer of International DisplayWorks commented, "Mobile entertainment devices were clearly the focus of the CES. This represents the second significant win for IDW-produced displays which will be utilized specifically in two different devices. As the technology continues to evolve, and new models are unveiled with larger and brighter color screens, we believe we will see additional opportunities for IDW." About International DisplayWorks International DisplayWorks, Inc. is a manufacturer and designer of high quality liquid crystal displays, modules and assemblies for a variety of customer needs including OEM applications. IDW operates 466,000 square feet of manufacturing facilities in the People's Republic of China (PRC). Sales offices are located in US, Europe, Hong Kong, Singapore, and China. Copies of IDW's 10-K and other documents as filed with the SEC are available through a link on our web site: www.idwk.com. NOTE: The foregoing is news relating to International DisplayWorks, Inc. ("IDW") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this release, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to IDW or its management, including without limitation, IDW and its subsidiaries, are intended to identify such forward-looking statements. IDW's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information the reader is referred to IDW's 10-K and other related documents filed with the Securities and Exchange Commission. This does not constitute an offer to buy or sell securities by the Company and is meant purely for informational purposes.